The Construction of New Housing Is Considered Part Of

question 346

Multiple Choice

The construction of new housing is considered part of:

• A)investment spending.
• B)consumption.
• C)government purchases of goods and services.
• D)private saving.

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Definitions:

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, age, or obsolescence.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the short-term liquidity position.

Tax Rate

The rate designated by the state to collect taxes from the profits or income of individuals or firms.